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and the government control the reinvestment interest the economy. really, there is not much evidence that that has worked. it didn't work under obama or bush, even an argument it didn't work under fdr, which is where it came from. that probably world war ii bailed us out of the economic slump, probably called the great depression, rather than that. i am a sophisticated guy, i don't have a lot of sophisticated looks on things. i just know that i have 350 employees and if you raise a bunch of taxes on me, i really don't have as much money to hire people with. and sometimes people act like i take that money off and stick it in the bank. and i'm just trying to get richer and richer or something, and don't hire people. like i'm a greedy jerk. it helps me to help more people, i can't do that if i'm sending more money to the government. to me. it slows the economy to raise taxes. >> final question, dave, despite your opposition ideology to powerball, have sneakily bought a ticket? >>, you know i have done a lot of stupid things, but never done that. >> you
and the government control the reinvestment interest the economy. really, there is not much evidence that that has worked. it didn't work under obama or bush, even an argument it didn't work under fdr, which is where it came from. that probably world war ii bailed us out of the economic slump, probably called the great depression, rather than that. i am a sophisticated guy, i don't have a lot of sophisticated looks on things. i just know that i have 350 employees and if you raise a bunch of...
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even as our economy tanked. by contrast, the bill we are debating today does not include wage protections and does not adequately ensure that american workers are protected. equally important is that h.r. 6412 preserves the diversity visa program, ensuring equally opportunity to work in our great land. democrats and republicans alike have forwarded great wisdom towards this issue. now is the time to cooperate with one another and craft a truly bipartisan approach to immigration reform that provides for equality of opportunity for all of those who seek the benefit of u.s. citizenship. thank you. the speaker pro tempore: the gentleman's time has expired. the gentleman from florida. mr. nugent: continue to reserve. the speaker pro tempore: the gentleman from florida reserves his time. the gentleman from colorado. mr. polis: thank you. it's my honor to yield 2 1/2 minutes to the gentleman from oregon, mr. blumenauer. the speaker pro tempore: the gentleman from oregon is recognized for 2 1/2 minutes. mr. blumenauer:
even as our economy tanked. by contrast, the bill we are debating today does not include wage protections and does not adequately ensure that american workers are protected. equally important is that h.r. 6412 preserves the diversity visa program, ensuring equally opportunity to work in our great land. democrats and republicans alike have forwarded great wisdom towards this issue. now is the time to cooperate with one another and craft a truly bipartisan approach to immigration reform that...
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money out of the economy? >> everybody remembers very well the ugly process we went through in august of 2011 in raising the debt ceiling, and what happened immediately around the raising of that debt ceiling. we saw the stock markets crash. let me tell you if we go off this fiscal cliff -- and i put the blame squarely on the president. he's been awol on this issue for the last three years. now he's coming in and waving a flag, trying to take the glory, put the burden on republicans. republicans have been willing to negotiate. if he doesn't come forward and provide real leadership, we go off the cliff, the economic disaster that we're going to see is going to be squarely on the shoulders of this president. >> sean: i would like to adopt something like the mac penny plan. cut one penny out of every dollar washington spends, and we move to a balanced budget. with baseline budgeting, you have increases every year. can you ever get rid of baseline budgeting? >> if any corporation in america operated the way the co
money out of the economy? >> everybody remembers very well the ugly process we went through in august of 2011 in raising the debt ceiling, and what happened immediately around the raising of that debt ceiling. we saw the stock markets crash. let me tell you if we go off this fiscal cliff -- and i put the blame squarely on the president. he's been awol on this issue for the last three years. now he's coming in and waving a flag, trying to take the glory, put the burden on republicans....
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these are the results and poorer tpaebgs and a weak economy -- poorer families and a weak economy are the result and a lot of joblessness. 42 business organizations representing tens of millions of american employees, including those air conditioning, retail, franchising industries and oh recently sent a letter to the congressional leadership urging congress not to raise income taxes during negotiations over the fiscal cliff. and instead to pursue comprehensive progrowth tax reform. mr. president, i'll submit that letter for the record but again ask unanimous consent that it be submitted in the record at the end of my remarks. the presiding officer: without objection. mr. kyl: thank you. let me conclude this letter -- i'll quote one sentence from it, says as follows. "we call on congress to avoid raising marginal tax rates on employers either as part of negotiations over the fiscal cliff or as part of a larger effort to reform the tax code. instead congress should seek to enact comprehensive tax reform that simplifies the tax code and encourages economic growth for both pass-through b
these are the results and poorer tpaebgs and a weak economy -- poorer families and a weak economy are the result and a lot of joblessness. 42 business organizations representing tens of millions of american employees, including those air conditioning, retail, franchising industries and oh recently sent a letter to the congressional leadership urging congress not to raise income taxes during negotiations over the fiscal cliff. and instead to pursue comprehensive progrowth tax reform. mr....
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in the six quarters before 2003, the economy lost six million jobs. in the quarter after, the economic growth nearly doubled and 2.3 million jobs were added. some tax advocates may assert a willingness to accept lower economic growth in the cause of deficit reduction and that's a legitimate point of view. that we need to have slower economic growth because deficit reduction is so important. but i would also just point out some statistics there. slow growth also means less tax revenue. the white house's own data suggests that even a .26% reduction in economic growth, so .26% reduction in economic growth, which is likely with big tax hikes, would wipe out the entire $800 billion in promised deficit reduction from higher tax rates. growth is so incredibly important to reducing our debt and deficit and getting control of our fiscal situation. so tax rate increases are not only bad economic policy, they tend to be bad budget policy. now, tax reform is needed, and through tax reform, we could have higher revenues, but both theory and practice make a convinc
in the six quarters before 2003, the economy lost six million jobs. in the quarter after, the economic growth nearly doubled and 2.3 million jobs were added. some tax advocates may assert a willingness to accept lower economic growth in the cause of deficit reduction and that's a legitimate point of view. that we need to have slower economic growth because deficit reduction is so important. but i would also just point out some statistics there. slow growth also means less tax revenue. the white...
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find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into the report. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harpur welcome to the big picture. so. but. what if politics weren't to blame for the institutional corruption the endless wars in the burgeoning homelessness what if rather these are all just symptoms borne out of an outdated social structure that's the revolutionary idea behind explosives documentary trilogy since the first movies released in two thousand and seven these documentaries have been translated into forty different languages and been seen by hundreds of millions of people around the world but the ideas brought forward by the documentaries quickly transcended film and spawn the movement a global sustainability advocacy organization that's revolutionizing the way people think and act and now the filmmak
find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into the report. you know sometimes you see a story and it seems so you think you understand it and then you glimpse something else you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harpur welcome to the big picture. so. but. what if politics weren't to blame for the institutional corruption the...
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Nov 29, 2012
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that will hurt our economy and cost american jobs. republicans have taken action to revert the fiscal cliff. to replace the sequestered and paid way for tax reform and entitlement reform. we are the only ones with a balanced plan to protect the economy, protect american jobs and protect the middle class from the fiscal cliff. without spending cuts and entitlement reform, it will be impossible to address our countries debt crisis and get our economy going again and create jobs. right now, all eyes are on the white house. our country does not need a victory lap, it needs leadership. it is time for the president and congressional democrats to tell the american people what spending cuts they are really going to make. with that, i will take a few questions. [inaudible question] >> we have outlined very specific proposals that we passed in last year's budget and the budget before. we know what the venue is. what we do not know is what the white house is willing to do to get serious about solving our debt crisis. [inaudible question] >> i am
that will hurt our economy and cost american jobs. republicans have taken action to revert the fiscal cliff. to replace the sequestered and paid way for tax reform and entitlement reform. we are the only ones with a balanced plan to protect the economy, protect american jobs and protect the middle class from the fiscal cliff. without spending cuts and entitlement reform, it will be impossible to address our countries debt crisis and get our economy going again and create jobs. right now, all...
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then of course it does get to be, you know, a hail mary pass for this economy. who better to address on all these issues than pastor rick warren. of course, saddleback church fame. you know it is interesting about the purpose driven life. we're on 10-year anniversary one of the most talked about and successful books i think since the bible. the ref rind is a very modest man -- reverend. the purpose driven life, 32 million copies. by comparison, bill o'reilly's killing lincoln, one of the most popular books in the country right now, 2 million copies. the reverend has sol 16 times the number ofooks of bill o'rily, which clearly tells me bill o'reilly is going to hell. "killing kennedy", half a million copies. he is way behind you. all in good fun. pastor, very good to have you. >> thanks, neil. good to be back with you. ironic i'm in new york city and you're in l.a. today so. neil: i know. my loss but our viewers gain just the same. pastor, what do you think, and is it important that a deal is reached by the end of the year? you often remind, you know parishioners
then of course it does get to be, you know, a hail mary pass for this economy. who better to address on all these issues than pastor rick warren. of course, saddleback church fame. you know it is interesting about the purpose driven life. we're on 10-year anniversary one of the most talked about and successful books i think since the bible. the ref rind is a very modest man -- reverend. the purpose driven life, 32 million copies. by comparison, bill o'reilly's killing lincoln, one of the most...
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find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines to cause a report. called recount in germany over why she signed off on seven hundred thirty million euros where the concessions for greece a hefty bill that would be footed by german taxpayers. the opposition members of the social democrat party have merkel and her center right coalition that's the bundestag is not merely a rubber stamping service and if they want to push through this latest package they're going to have to prove to m.p.'s that it's in the best interest of germany what this latest package contains is a bond buyback scheme low interest rates only the debts that greece has as well as the hunting over of profit from these debts what this century means though is that for twenty thirteen germany is set to lose around seven hundred and thirty million euros to implementing these latest measures all of that of course not making great reading for chancellor merkel she said time and time again that the german taxpayer would not be hit financia
find out what's really happening to the global economy with mike stronger for a no holds barred look at the global financial headlines to cause a report. called recount in germany over why she signed off on seven hundred thirty million euros where the concessions for greece a hefty bill that would be footed by german taxpayers. the opposition members of the social democrat party have merkel and her center right coalition that's the bundestag is not merely a rubber stamping service and if they...
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if they resolve the fiscal cliff and the economy remains growing, although kind of sluggish -- here is another scenario, we have a loss of revenue from growth money. we are in a situation where we will prepare for the best, hope for the best, but anticipate a negative growth in the economy. liz: there is actually what we are calling the twinkie of fact. it is a negative bidder twinkie affect. there is a hostess plant where you live. how many jobs will that drop-off, as far as employment is concerned? >> a few hundred. clearly, any kind of negative constriction of the marketplace impacts us. even if it is a negative state. clearly, here at home, the good news for us is we are going at a 3.5% rate now economically. we are creating jobs. we have a healthy economy and a great quality of life which is attracting people and businesses to utah. we do not have control over what happens in washington, d.c. we are being very cautious as we go forward waiting to see resolution, out of washington, d.c. liz: i saw a quote of something you said. i thought it was perfect for washington. compromise sh
if they resolve the fiscal cliff and the economy remains growing, although kind of sluggish -- here is another scenario, we have a loss of revenue from growth money. we are in a situation where we will prepare for the best, hope for the best, but anticipate a negative growth in the economy. liz: there is actually what we are calling the twinkie of fact. it is a negative bidder twinkie affect. there is a hostess plant where you live. how many jobs will that drop-off, as far as employment is...
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come to find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines tune into cons a report on our. mission and free accreditation free in-store charge is free to arrangement free. three stooges free. download free broadcast quality video for your media projects a free media dog r t dot com. parents versus social workers document being the last stop you and me me that not many children have become prizes to fight full why does the last threaten families of the social for if you see me in the frame of the right of the old woman email me they feel that they have any kind of for suspicion about the world more for your for your children are often a just better at bringing up kids than their own mom and dad your mother we have an industry that is so. concentrated on the other for trade children. more news today violence is once again flared up the families are the images the world has been seeing from the streets of canada. china operations are all today. what if politics weren't to blame for the institutional corrupt
come to find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines tune into cons a report on our. mission and free accreditation free in-store charge is free to arrangement free. three stooges free. download free broadcast quality video for your media projects a free media dog r t dot com. parents versus social workers document being the last stop you and me me that not many children have become prizes to fight full...
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to me, it seems like it constricts the economy to raise taxes. >> i want an honest answer here. have you bought a ticket? >> you know, i have never done that. i have done so many stupid things with money. but i've never done that one. >> well, you are missing out on a lot of fun. killjoy. >> it is good to talk to you. and you make a lot of sense. >> coming up. and the fiscal cliff again. turning into one of mit romney's top money men. to come home for the holidays. that's double miles you can actually use... sadly, their brother's white christmas just got "blacked out." [ brother ] but it's the family party! really jingles your bells, doesn't it? my gift to you! the capital one venture card! for any flight, any time! that's double miles you can actually use! how illuminating. what's in your wallet? let me guess, am i on the naughty list again? ho ho ho! try this... bayer? this isn't just a headache. trust me, this is new bayer migraine. [ male announcer ] it's the power of aspirin plus more in a triple action formula to relieve your tough migraines. new bayer migraine formula. t
to me, it seems like it constricts the economy to raise taxes. >> i want an honest answer here. have you bought a ticket? >> you know, i have never done that. i have done so many stupid things with money. but i've never done that one. >> well, you are missing out on a lot of fun. killjoy. >> it is good to talk to you. and you make a lot of sense. >> coming up. and the fiscal cliff again. turning into one of mit romney's top money men. to come home for the holidays....
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markets why not come to find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines and to cause a report on. the. line. to be soon which brightened if you knew no bounds to move from funds to impression these. moves from stunts on t.v. don't come. that's.
markets why not come to find out what's really happening to the global economy with mike's cars or for a no holds barred look at the global financial headlines and to cause a report on. the. line. to be soon which brightened if you knew no bounds to move from funds to impression these. moves from stunts on t.v. don't come. that's.
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uk see as sharp drop in lending to the real economy. and the search for the lucky power ball winners is on. two tickets match the record $580 million drawing. iberia labor unions have confirmed they'll call a six day strike in december. it will start december 14th and last through december 21st. this comes amid the airline saying it will slash about a quarter of the spanish airlines workforce and cut capacity as part of a restructuring plan. air freight traffic slowed to 3.8% year on year growth and just under 2% month on month growth for the month of october. passenger air traffic was up 3.2% this october, but it did actually decline in october by 0.2%. so a cautionary sign there for global demand. moving on now, costco is just one of the several u.s. companies deciding to issue a special one i'm cash dividend to shareholders. the new is aimed at helping investors stay ahead of automatic tax increases that will take effect in congress fails to resolve the fiscal cliff. in a twist, the retailer is issuing $3.5 billion in new debt to pay
uk see as sharp drop in lending to the real economy. and the search for the lucky power ball winners is on. two tickets match the record $580 million drawing. iberia labor unions have confirmed they'll call a six day strike in december. it will start december 14th and last through december 21st. this comes amid the airline saying it will slash about a quarter of the spanish airlines workforce and cut capacity as part of a restructuring plan. air freight traffic slowed to 3.8% year on year...
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although economists are saying that the german economy also has a long way to go until it has bottomed out because the export business will be more difficult in the near future because of weak other economies, but consumption in germany is going up. >> let's get a closer look at those market numbers. germany's blue-chip dax was higher on the day by about 0.8%, closing at a nice, round number. the euro stoxx 50 also higher. the dow jones industrial average as high as well. the bureau is trading for $ 1.2973. >> a german bank is in trouble with the law. prosecutors raided 13 of the bank's locations, including its munich headquarters, in search of evidence of tax evasion. the bank is suspected of cheating the state out of 124 million euros. share transactions between 2006 and 2008 are the focus of the probe. the bank is not alone. investigators are currently looking into similar incidents of alleged tax evasion at other institutions. >> there's a lot of money in going bankrupt. that is if you are the one winding up a big company that goes bust. >> a german law firm, for example, are doing
although economists are saying that the german economy also has a long way to go until it has bottomed out because the export business will be more difficult in the near future because of weak other economies, but consumption in germany is going up. >> let's get a closer look at those market numbers. germany's blue-chip dax was higher on the day by about 0.8%, closing at a nice, round number. the euro stoxx 50 also higher. the dow jones industrial average as high as well. the bureau is...
SFGTV: San Francisco Government Television
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creation in the city being so incredibly important for both the present and the future, and as our economy continues to sign signs of improvement i'm not going to forget where the jobs go and for the people in terms of hope for the city and of course working with laborers, with our construction contractors, with the labor council. tim is here together as well and mike and working with everybody we have unprecedented announcement today and 100% locally financed project close to $500 million of private investment signifying that they wish to on their volition to be working with the city to hire 25% of their construction work force with san francisco residents. [applause] this is a wonderful, wonderful day. and that as part of that percent goal they are opening up themselves to working with us in an enforceable obligation on this label. rick is here representing for the golden state warriors and at the same time within this goal too we're going to accommodate returning veterans from our war and pllt to be part of this effort too -- [applause] >> yes. and for me it really means putting the wor
creation in the city being so incredibly important for both the present and the future, and as our economy continues to sign signs of improvement i'm not going to forget where the jobs go and for the people in terms of hope for the city and of course working with laborers, with our construction contractors, with the labor council. tim is here together as well and mike and working with everybody we have unprecedented announcement today and 100% locally financed project close to $500 million of...
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that's what our economy needs. that's what the american people deserve. gd if we get this part of it right, then a lot of the other issues surrounding deficit reduction in a fair and balanced, responsible way are going to be a whole lot easier. >> reporter: white house officials say mr. obama is not interested in personally meeting with congressional republicans because those meetings did little to resolve the 2010 debt ceiling crisis. but when mr. obama later skipped congressional meetings and campaigned to extend the 2% payroll tax cut and maintain lower student loan interest rates, he won. the president is primarily focused on step one of this process-- winning the middle class tax cut debate. step two is being led by his treasury secretary jim geithner and liaison rob nabors. they are going to work with congress on spending cut and other fiscal cliff details. the first meeting will be tomorrow on the hill. >> pelley: major, president said today he thought all this could be done by christmas. why does he think so? >> reporter: because that is the big t
that's what our economy needs. that's what the american people deserve. gd if we get this part of it right, then a lot of the other issues surrounding deficit reduction in a fair and balanced, responsible way are going to be a whole lot easier. >> reporter: white house officials say mr. obama is not interested in personally meeting with congressional republicans because those meetings did little to resolve the 2010 debt ceiling crisis. but when mr. obama later skipped congressional...
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find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into cars a report on. the great russian war ios. prevailing over hazards and asperity. to reenact an epic parade through paris to. come a complete triumph. with people's admiration for two hundred. zero zero. zero. zero. zero emission free accreditation free zones for charges free coming from and free risk free. to tide free. download free broadcast quality video for your media projects and free media. dot com in. his social work. i am stuck in any fear man's damn good manning children have become prizes to fight for why does the law or threaten families for social for if you see me in the form of they are right on your home anymore if they think that they have any kind of suspicion about the well being or food of your children are often just better at bringing up kids than their own mom and dad and from what we have an industry that is so. concentrated on the other foot crate with children.
find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into cars a report on. the great russian war ios. prevailing over hazards and asperity. to reenact an epic parade through paris to. come a complete triumph. with people's admiration for two hundred. zero zero. zero. zero. zero emission free accreditation free zones for charges free coming from and free risk free. to tide free. download free broadcast quality...
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Nov 29, 2012
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KNTV
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. >> the goal is to grow the economy and cut spending. you won't grow the economy if you put tax rates on the top two rates. >> there was no serious discussion by the white house on entitlements on medicare and medicaid. this has to be a part of this agreement. >> reporter: the white house is going all out on this campaign tactical front, even deploying twitter, using the hash tag, to learn how they would save. >>> and chuck todd on the white house lawn, starting us off. a big aspect of this again is medicare, 50 million americans get their health insurance through medicare. that number is growing quickly as the baby boom number gets older. polls show americans don't want big change to it, but big change could come. nbc's tom costello has more on what it may look like. >> reporter: it is one of the most popular government programs, but medicare now accounts for more than 13% of federal spending, and expected to grow at what many analysts call an unsustainable rate. so among the many options congress could consider to cut costs, slowly rai
. >> the goal is to grow the economy and cut spending. you won't grow the economy if you put tax rates on the top two rates. >> there was no serious discussion by the white house on entitlements on medicare and medicaid. this has to be a part of this agreement. >> reporter: the white house is going all out on this campaign tactical front, even deploying twitter, using the hash tag, to learn how they would save. >>> and chuck todd on the white house lawn, starting us...
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that will hurt the economy. when the economy is bad, less people travel commercially for leisure, less people send packages. it hurts us and again, razor thin profit margin, we need a good economy, we need the economy good overt long haul. it's good for business. >> gretchen: do you think they were actually listening to what you had to say? >> i think they were. >> gretchen: really? >> yeah. i think it was a good discussion because the business radio he said were talking about what the impact of going overt cliff would be and also with a it would be down the line. >> gretchen: but so much, nick, of what's been discussed in the press is only about increasing taxes. you just got done talking about the fact that a stool falls over unless you have the other legs there. did you get the sense in these insider talks that people are actually going to take on entitlement reform? >> i think behind the scenes talk, yes. right now there is a lot of public posturing going on and that, i think, i personally think that's a pro
that will hurt the economy. when the economy is bad, less people travel commercially for leisure, less people send packages. it hurts us and again, razor thin profit margin, we need a good economy, we need the economy good overt long haul. it's good for business. >> gretchen: do you think they were actually listening to what you had to say? >> i think they were. >> gretchen: really? >> yeah. i think it was a good discussion because the business radio he said were talking...
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>> i think it's a thesis that goes beyond the developed economies. i think it goes into the emerging markets themselves. uk company. latin america, great company doing well. 52 week high today. >> murph, a trade? >> you have to be careful with the travel companies. expedia, pricelines. these things up 700%, 600%, you wouldn't want to chase those. gun stocks, there could be more room there. >> it's been a wild ride for gold. metal rebounding from yesterday's big selloff. its biggest drop in a month. with the fiscal cliff looming, is there a play to be made? commodities ding dennis gartman of the gartman letter joins us on the fast line. good to have you on. >> always good to be here, judge. >> what are the implications of the fiscal cliff to gold? trying to figure out what even caused this $30 move we saw yesterday. >> two questions. i'm not sure the fiscal cliff is terribly important when it comes to the gold market. i think what's far more important is the advent of continued expansion of the reserves by the fed. by the bank of -- by the ecb. and, p
>> i think it's a thesis that goes beyond the developed economies. i think it goes into the emerging markets themselves. uk company. latin america, great company doing well. 52 week high today. >> murph, a trade? >> you have to be careful with the travel companies. expedia, pricelines. these things up 700%, 600%, you wouldn't want to chase those. gun stocks, there could be more room there. >> it's been a wild ride for gold. metal rebounding from yesterday's big selloff....
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jenna: now to the economy. investors are reacting to some new data we got today. the dow is slightly higher the commerce department is reporting that our economy grew at a pace of 2.7% in the july through september period. that is better than the initial estimate. we have numb another reading after this. this is not the final number. economists are seeing signs the meager growth we experienced last quarter may not be necessarily sustainable jon. jon: weekly jobless numbers are in and they are down. the labor department reporting number of americans trying to get unemployment benefits fell 23,000 to 393,000 last week, the second straight drop after superstorm sandy had driven applications much higher earlier in the month. the labor department is saying the storm had little impact on these numbers. jenna: still too high for many investors. even in this tough economy entrepreneurs are carving out a niche, if you will, some sort of innovation. in our spotlight on small business today we are checking out a business that makes granny pods. that is what they're calling t
jenna: now to the economy. investors are reacting to some new data we got today. the dow is slightly higher the commerce department is reporting that our economy grew at a pace of 2.7% in the july through september period. that is better than the initial estimate. we have numb another reading after this. this is not the final number. economists are seeing signs the meager growth we experienced last quarter may not be necessarily sustainable jon. jon: weekly jobless numbers are in and they are...
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find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into a report on our. mission free accreditation free zones for charges free maintenance free risk free. to tide free. download free broadcast quality video for your media projects and free media oh don darn teton tom. it was not the military as army announced today it signed a new contract with a unit of the huge contracting however it was not the operation to secure and rebuild the devastated. country caliber company will touch for years contract work in iraq. it was the campaign for making billions of dollars oliver are reasonable and ordered bills the sixty one billion dollars iraq for sale. or growth of here's one or two. good afternoon welcome to capital account i'm laurin the star here in washington d.c. these are headlines for wednesday november twenty eighth two thousand and twelve it's been more than a decade since argentina defaulted on its debt but the saga continues with creditors to this day a new york court ruling just last week came
find out what's really happening to the global economy with max cause or for a no holds barred look at the global financial headlines tune into a report on our. mission free accreditation free zones for charges free maintenance free risk free. to tide free. download free broadcast quality video for your media projects and free media oh don darn teton tom. it was not the military as army announced today it signed a new contract with a unit of the huge contracting however it was not the operation...
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i see her a bit exposed damaging economies all the way from africa to. congo surround sound to a bank in goma they're looting the bank a un source said later another un source denied that there had been money in the bags insisting they were full of being a lot of the central banks are collateralized by beings that's similar to the bank of england mark carney is going to be arriving to the bank of england in a few short months and he'll find that in the vaults bags. and some of boris johnson's wigs but other than that there's nothing to collateralize his bank so yes of course you've got incredible similarities central banks are being looted the rebels whether they're in africa or in england. the motive is the same. and we will be back with more international news in just a few months. looking at some talks you simply do not believe they come speak and goodness how they can wrong oh. it's an international sled dog race with those driving the dogs. coming from as far away as a strand in canada and the us they come to russia and everybody is so very friendly
i see her a bit exposed damaging economies all the way from africa to. congo surround sound to a bank in goma they're looting the bank a un source said later another un source denied that there had been money in the bags insisting they were full of being a lot of the central banks are collateralized by beings that's similar to the bank of england mark carney is going to be arriving to the bank of england in a few short months and he'll find that in the vaults bags. and some of boris johnson's...
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later today my skies are in sting's in her birth exposed bank looters damaging economies all the way from africa to. the rebel surrounds central banking goma they're looting the bank a u.n. source said later another u.n. source denied that there had been money in the bags insisting they were full of being a lot of the central banks are collateralized by beans that's similar to the bank of england mark carney is going to be arriving to the bank of england in a few short months and you'll find that in the vaults bags of beans and some of boris johnson's wigs but other than that there's nothing to collateralize his bank so yes of course you've got incredible similarities central banks are being looted the rebels whether they're in africa or in england. the motive is the same. tucked in between the russian mainland japan and the sun coming island is the island of minute on named off the french seafarer who discovered it it is described as the right of the sakhalin region we'll take a look at what's in store for us here. until two thousand and four the island whispered of the borders zone
later today my skies are in sting's in her birth exposed bank looters damaging economies all the way from africa to. the rebel surrounds central banking goma they're looting the bank a u.n. source said later another u.n. source denied that there had been money in the bags insisting they were full of being a lot of the central banks are collateralized by beans that's similar to the bank of england mark carney is going to be arriving to the bank of england in a few short months and you'll find...
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listen, going off the fiscal cliff will hurt our economy and will cost american jobs. republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes. to replace the sequester, and pave way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy, protect american jobs, and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reforms, it's going to be impossible to address our country's debt crisis. and get our economy going again and to create jobs. so right now, all eyes are on the white house. the country doesn't need a victory lap. it needs leadership. it's time for the president, congressional democrats, to tell the american people what spending cuts they're really willing to make. with that i'll take a few questions. >> speaker boehner, why will you not tell democrats what specific spending cuts you would like to see, especially within en titlements? >> it's been very clear over the last year-and-a-half, i've talked t
listen, going off the fiscal cliff will hurt our economy and will cost american jobs. republicans have taken action to avert the fiscal cliff by passing legislation to stop all the tax hikes. to replace the sequester, and pave way for -- pave the way for tax reform and entitlement reform. and we're the only ones with a balanced plan to protect the economy, protect american jobs, and protect the middle class from the fiscal cliff. but without spending cuts and entitlement reforms, it's going to...
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we've seen that culminate on the streets in occupy wall street we've seen big banks extract from the economy and be bailed out so is this kind of inclusive structure is this being eroded. i think that's potentially the case i mean i'm much you know in the book we are rather optimistic about the united states i mean i you know i'm you know in the sense that we kind of emphasize that you know if you look at the americas for example you look at the difference between a latin american country like argentina or the knighted states those are the differences between those two places in the way they get they got organized happens sort of historically a long time ago you know in the colonial period with very different types of societies emerged in north and south america and once that sort of society gets set up in a particular way you know in the u.s. we characterize this is an inclusive society then there's lots of sort of feedback loops that tend to keep it inclusive so in the book we're very optimistic we kind of talk about the gilded age in the robber barons and how in the late nineteenth centur
we've seen that culminate on the streets in occupy wall street we've seen big banks extract from the economy and be bailed out so is this kind of inclusive structure is this being eroded. i think that's potentially the case i mean i'm much you know in the book we are rather optimistic about the united states i mean i you know i'm you know in the sense that we kind of emphasize that you know if you look at the americas for example you look at the difference between a latin american country like...
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to the greek economy not to mystic statements that make the opposition i mentioned the social democrats they're saying that they need to. restructuring for greece will have to wait until after the general election takes place here so with the chancellor of the election starting to come into view on. being politically embarrassed by having to go back on a promise she's made it's all stone to be a very interesting debate when german politicians discuss the latest financial aid package for greece it all reporting there next hour max kaiser and state her work to expose bank looters damaging economies all the way from africa to. congo rebels around central banking goma they're looting the bank a un source said later another un source denied that there had been money in the bags insisting they were full of being a lot of the central banks are collateralized by beans that's similar to the bank of england mark carney is going to be arriving to the bank of england in a few short months and else find that in the vaults bags. and some of boris johnson's links but other than that there's nothing to
to the greek economy not to mystic statements that make the opposition i mentioned the social democrats they're saying that they need to. restructuring for greece will have to wait until after the general election takes place here so with the chancellor of the election starting to come into view on. being politically embarrassed by having to go back on a promise she's made it's all stone to be a very interesting debate when german politicians discuss the latest financial aid package for greece...
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well, the economy is worse now than it was then. frankly, if you look at the dynamic shift in demographics our entitlements are growing at a time when our working population is decreasing. the only answer to all these problems is sustained economic growth. it's the economy, stupid. megyn: what if the republicans say we agree, raise the taxes on the rich. and then what would happen? then what they would be debating about when that most likely didn't fix the problem, quick last word. >> it's a terrible position for the republicans to be in. their only negotiating coin right now. and to give in without doing something to figure out these entitlement program would be a disaster for the republican party. megyn: michael, thanks. coming up, a provocative column in the "wall street journal" on race in america. megyn: the teacher's union in buffalo, new york attracted national attention when we learned their contract benefits include coverage for taxpayer turned plastic surgeries. the issue came up again and trace gallagher picks up our stor
well, the economy is worse now than it was then. frankly, if you look at the dynamic shift in demographics our entitlements are growing at a time when our working population is decreasing. the only answer to all these problems is sustained economic growth. it's the economy, stupid. megyn: what if the republicans say we agree, raise the taxes on the rich. and then what would happen? then what they would be debating about when that most likely didn't fix the problem, quick last word. >>...
SFGTV: San Francisco Government Television
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and sustaining the economy in the future. what i'm really here is to ask you today is that you support our youth and we are really hoping that we can count on your support. thank you. >> supervisor wiener: thank you very much. next speaker. >> how you doing, mime i my name is dond boyd and i'm a member of power and central city sro collaborative. our youth, this summer, they put in a lot of work to fight for that money. they could have been doing other things, playing ball, anything but running back and forth to oakland, trying to fight for the money. i think we should support our youth. i think we should put everything behind our youth because that money is a small amount of money but you invest in the future. you need to help the youth out because if you don't help them out you know where they're going to end up, in the juvenile justice system. so that money to get to school, plus helping them with tutors, plus letting them know that the city is behind them, the county is behind them, that will make a better society. thank
and sustaining the economy in the future. what i'm really here is to ask you today is that you support our youth and we are really hoping that we can count on your support. thank you. >> supervisor wiener: thank you very much. next speaker. >> how you doing, mime i my name is dond boyd and i'm a member of power and central city sro collaborative. our youth, this summer, they put in a lot of work to fight for that money. they could have been doing other things, playing ball, anything...
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even when the economy is not doing so hot and the underlying economy is not doing so hot. it helps their customers become more efficient. though use this proprietary technology and collect data from satellites, laser, and other met methods and they have applications for pacific software designed to tell their customers what they need to do to improve the efficiency of their workers out in the field. especially at construction sites and infrastructure builds and they work along many dimensions. they can cut labor costs, pesticide costs, or fuel costs. they can help them imcustomer service. at the end of the day it comes down to other companies finding new ways to squeeze more money out of their businesses and that's the kind of pitch that never goes out of style. certainly not one the old tremble could have offered. i'll give you an idea. tremble has joibt technology with -- anything from software solutions and machine control technologies. this gives the company a tremendous outsource international sales force. it looks likes tremble has become the real deal. they recently
even when the economy is not doing so hot and the underlying economy is not doing so hot. it helps their customers become more efficient. though use this proprietary technology and collect data from satellites, laser, and other met methods and they have applications for pacific software designed to tell their customers what they need to do to improve the efficiency of their workers out in the field. especially at construction sites and infrastructure builds and they work along many dimensions....
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it will eventually cost us jobs and eventually slow the economy. that's going to cost us revenue as well. i don't agree with the president on that point. frankly, i think he needs to be a lot more specific about putting spending cuts and entitlement reform on the table. having said that, though, if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, that's a point we should agree on, do that, and continue to fight for the things we believe in, simply because we accept that part of his offer doesn't mean we have to agree with the rest. but what i think a lot of people forget is, look, these tax rates are going up automatically unless congress acts. i favor acting to save as many of them as possible. >> makes sense. here's today, the speaker of the house john boehner signaled you out for your remarks on the compromise. let's listen to what you he said about you, sir. >> i told tom earlier in our conference meeting that i disagreed with him. you're not going to grow the economy if you rais
it will eventually cost us jobs and eventually slow the economy. that's going to cost us revenue as well. i don't agree with the president on that point. frankly, i think he needs to be a lot more specific about putting spending cuts and entitlement reform on the table. having said that, though, if the president's willing to accept 80% of the bush tax cuts for 98% of the american people and make them permanent, that's a point we should agree on, do that, and continue to fight for the things we...
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these too big to fail banks that are extracting wealth you could argue as opposed to financing the economy and financing production financing these businesses and the engine of growth what you have them doing is financing speculation and they're doing this with cheap money from the fed they're benefiting from an implicit bailout guaranteed by the government so how do you and your framework analyze the impact on a society of an extract not political institution but banking system yeah i mean i think that's i mean are you i agree with a lot of what you say i mean i do i mean i think it's i mean i think financial set financial system is crucial for successful economic development you know you need a financial system to channel credit wealth to people with good ideas but no capital so you know one can have integration in the financial system as well but i completely agree with you and you know in some sense the financial system. recession in even worse shape because it's even more concentrated than it was before you know because of all these things going on but i would so you know the politica
these too big to fail banks that are extracting wealth you could argue as opposed to financing the economy and financing production financing these businesses and the engine of growth what you have them doing is financing speculation and they're doing this with cheap money from the fed they're benefiting from an implicit bailout guaranteed by the government so how do you and your framework analyze the impact on a society of an extract not political institution but banking system yeah i mean i...
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slowing economy there. >>> chevron taking full-page ads in argentina newspapers. appealing for argentina's court to end freeze assets in the country. an argentina judge ordered freeze earlier this month on behalf of claimants in ecuador. think want a $19 billion damage stealthment. chevron says the case is fraudulent. interesting they're taking to the media. >>> why is the u.s. sending billions of dollars to egypt in fresh aid when president morsi is becoming a dictator before our very eyes? we'll talk about that, why that money might be better spent at home. "piles of money" coming up. ♪ look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic onchitis and emphysema. spiriva helps control my copsymptoms by keeping my airways open for 24 hours. plus, reduces copd flare-ups. spiriva is the only once-daily inhaled copd maintance treatment that does both. spiriva handiher tiotropium bromide inhalation powder does not replace fast-acting inhalers for sudden symptoms. tell your doctor if you have kidney problems, g
slowing economy there. >>> chevron taking full-page ads in argentina newspapers. appealing for argentina's court to end freeze assets in the country. an argentina judge ordered freeze earlier this month on behalf of claimants in ecuador. think want a $19 billion damage stealthment. chevron says the case is fraudulent. interesting they're taking to the media. >>> why is the u.s. sending billions of dollars to egypt in fresh aid when president morsi is becoming a dictator before...
SFGTV: San Francisco Government Television
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they don't have the economy to be able to move around the city. youth are our future and they're theó; zi ones that will be workg and increasing the economy here in the city. investing in our youth and families is an appropriate use of transit funds. because our families are the ones who depend on muni service. we're thegjp[ones going out into the communities, organizing, speaking to our families and the majority of families in san francisco have said that they need this it to pass. it seems likes you are the o.g'l pass. so it's not just about this pilot program because we have to be thinking about the just use of these funds. we will continue to fight and organize and this opportunity it's time that san francisco uses a very small portion of this funds to be able to fund this program that will support so many families. thank you. >> supervisor wiener: thank you. next speaker. and i'm going to -- it looks like we have more people lined up than we called cards so i'm going to call additional cards before we go to the next speaker. jane martin, jil
they don't have the economy to be able to move around the city. youth are our future and they're theó; zi ones that will be workg and increasing the economy here in the city. investing in our youth and families is an appropriate use of transit funds. because our families are the ones who depend on muni service. we're thegjp[ones going out into the communities, organizing, speaking to our families and the majority of families in san francisco have said that they need this it to pass. it seems...
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what else do not feds see in the economy, peter. empleghts overall the feds saw the economy growing at a measured pace in recent weeks but it said that some business context said that they were worried about uncertainty over the battle of the fiscal cliff in washington. that concern might be showing up in the manufacturing sector. the feds said that in some places around the country, manufacturing was slowing down and actually contracting outright. but it said that hiring was up modestly most places and with the holidays coming up. it said that the outlook for retail sales was mostly upbeat. shep? >> shepard: what's with the sirens? is the place on fire? >> no. there is escort going out here from the white house. >> you don't have much clout there. >> the vice president apparently is leaving. >> shepard: he might as well. what will the fed do with today's report? it has a meeting in a couple of weeks, you know. >> this was okay report. more importantly it was not strong enough for the fed to back off stimulus programs keeping intere
what else do not feds see in the economy, peter. empleghts overall the feds saw the economy growing at a measured pace in recent weeks but it said that some business context said that they were worried about uncertainty over the battle of the fiscal cliff in washington. that concern might be showing up in the manufacturing sector. the feds said that in some places around the country, manufacturing was slowing down and actually contracting outright. but it said that hiring was up modestly most...
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the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [ male announcer ] dosing and application sites between these products differ. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or, signs in a woman which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are, or may become pregnant or are breast feeding should not use androgel. serious side effects include worsening of a
the new 2013 ram 1500. ♪ with the best-in-class fuel economy. engineered to move heaven and earth. ♪ guts. glory. ram. who have used androgel 1%, there's big news. presenting androgel 1.62%. both are used to treat men with low testosterone. androgel 1.62% is from the makers of the number one prescribed testosterone replacement therapy. it raises your testosterone levels, and... is concentrated, so you could use less gel. and with androgel 1.62%, you can save on your monthly prescription. [...
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what's really happening to the global economy with. global financial headlines. when i woke up early that morning he was about to say about four thirty am we had to be out by our trucks and by seventy and we already knew what we were going on our mission we were told at seven pm the night before on the eighth of april a soldier that was sketching a map with his boot in the gravel. next to his vehicle while some of the saw part of some of that stood beside the road to rig and i wasn't sure what red meant we left the post. nearing eleven o'clock we're going down the road and we got pretty close to the i believe that the grubby prison and also the traffic there's no traffic. and right about then. i mean bullets came from everywhere sounded like we were in a hail storm there were coming through my doors that he might take or if they're hitting the windshield or put into it in the. you could hear it coming through one door hit the other door with a large gear and i did they're just coming in everywhere and that it just it we crescendo just like it never stopped after
what's really happening to the global economy with. global financial headlines. when i woke up early that morning he was about to say about four thirty am we had to be out by our trucks and by seventy and we already knew what we were going on our mission we were told at seven pm the night before on the eighth of april a soldier that was sketching a map with his boot in the gravel. next to his vehicle while some of the saw part of some of that stood beside the road to rig and i wasn't sure what...
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economy grew at 2.7% for july through september. that is up from initial investment of 2%. this is the best third quarter performance in two years and companies spent more to build up inventories in the third quarter than originally estimated in the u.s. trade deficit. some positive news so let's see what happens on wall street when the bell rings and 15 to 20 minutes from now. >> ito's music software could launch as early as today. today is the second to last day before apples deadline for releasing new software. apple's last major overhaul of i tunes was september of 2010. >> we will take a closer look at a crime spree suspect that is just 15 years old. he is accused of robbing stores in the south bay. also your lead is weather and traffic on the kron4 morning news. a live look to the golden gate bridge it is dry on the 1 01 but his plan to get wet later on today. we will be back. when i take a picture of this check, it goes straight to the bank. oh. oh look the lion is out! no mommy no! don't worry honey, it only works on checks. deposit checks from your smartphone with
economy grew at 2.7% for july through september. that is up from initial investment of 2%. this is the best third quarter performance in two years and companies spent more to build up inventories in the third quarter than originally estimated in the u.s. trade deficit. some positive news so let's see what happens on wall street when the bell rings and 15 to 20 minutes from now. >> ito's music software could launch as early as today. today is the second to last day before apples deadline...
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but i am one that believes the egyptian economy has been repressed for a long time. with proper management and an inclusive growth model, as opposed to one that just serves special interests, and with help from outside, egypt can unleash its private-sector. if that materializes, then drops will materialize and party will go down. -- jobs will materialize and poverty will go down. it is a bumpy voyage, but possible. >> how can he do to fill the role of law, which is all important? -- how can egypt fulfilled a rule of law, which is all important? >> kurram burk, egypt only have one is -- remember, egypt only have one institution before the revolution, the military. what egypt is trying to do simultaneously is find leaders, build institutions, and meet the aspirations that had been billed very high during a very successful and peaceful revolution. that is not easy. it will take time to build institutions and impose the role of -- the rule of law. >> the ceasefire in gaza, will that help to win egypt friends abroad? >> i think it shows they play a special role in the mid
but i am one that believes the egyptian economy has been repressed for a long time. with proper management and an inclusive growth model, as opposed to one that just serves special interests, and with help from outside, egypt can unleash its private-sector. if that materializes, then drops will materialize and party will go down. -- jobs will materialize and poverty will go down. it is a bumpy voyage, but possible. >> how can he do to fill the role of law, which is all important? -- how...
SFGTV: San Francisco Government Television
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you know, when the city economy is weak, that is what the trigger was put in for. there's clearly a reason as to why the city had to reduce this -- for the school district. but i think the emphasis behind where the supplemental came from as we ask the school district how are you going to fund these programs going into the future i hope we have a real conversation next year, as our city economy looks better and our city economy grows as to whether we're going to pull the trigger again on prop h. i think that in last year, when we pulled the prop h trigger to me it had made sense because we didn't have a good budgetary forecast of what revenues were coming in. as the month of june was closing it looked more and more optimistic. as we look at the budget picture now i think many of us asked why did we pull the trigger last year and that was the reason why i introduced what i thought was a modest fundamental in the school district. overall regardless of your position i'm excited that we're engaging in a robust discussion of what it means to partner and support with our
you know, when the city economy is weak, that is what the trigger was put in for. there's clearly a reason as to why the city had to reduce this -- for the school district. but i think the emphasis behind where the supplemental came from as we ask the school district how are you going to fund these programs going into the future i hope we have a real conversation next year, as our city economy looks better and our city economy grows as to whether we're going to pull the trigger again on prop h....
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. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we're not raising rates. >> brown: despite the president's talk of changing minds, "politico's" manu raju says that privately, house republicans think they can win this fight. >> right now the republican leadership feels pretty confident that they have most of their folks in line. they all generally support keeping tax rates low for virtually for every single income group. they do not want to see incomes increase for that top tax bracket. >> brown: meanwhile, on the senate floor, minority leader mitch mcconnell criticized democrats for putting social security off limits in any deficit deal. >> as for social security, the only thing we hear from why in the world wouldn't they want to talk about the fact that this vital program started spending out more than it took in 2010, for the first time in nearly 30 years and that its trustees now estimat
. >> you're not going to grow the economy if you raise tax rates on the top two rates. it'll hurt small businesses, it'll hurt our economy, it's why it's not the right approach. we're willing to put revenue on the table as long as we're not raising rates. >> brown: despite the president's talk of changing minds, "politico's" manu raju says that privately, house republicans think they can win this fight. >> right now the republican leadership feels pretty confident...
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it's been a roller coaster for this economy. but if you go by what the government is telling us, things should be looking up but everyone including ecri agree that going over the fiscal cliff would make things worse and brings me to the next topic. sequestration. a stupid name for a stupid thing. more then a year ago, both the president and congress made a deal with the devil after both parties felt no shame in taking america to the brink over raising the debt ceiling. so-called compromise back then was that if not negotiate a debt reduction deal, cuts happen across the board. this is not the whole fiscal cliff but just the sequester. $1.2 trillion of mandatory spending cuts over ten years and scheduled for january 2nd. half of that money cut in defense. half in everything else. next year alone could take $65 billion out of spending and a million jobs versus growing 2 million which is what the u.s. is on track to do now. i fully understand the government needs to spend less and spend more efficiently but how you achieve it is as
it's been a roller coaster for this economy. but if you go by what the government is telling us, things should be looking up but everyone including ecri agree that going over the fiscal cliff would make things worse and brings me to the next topic. sequestration. a stupid name for a stupid thing. more then a year ago, both the president and congress made a deal with the devil after both parties felt no shame in taking america to the brink over raising the debt ceiling. so-called compromise back...
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it's like congress put a gun to the economy's head and swore it will pull the triger if congress doesn't put its own gun down. (laughter) it's kind of like a mexican standoff without any mexicans. (laughter) of course, obama's answer to this budget crisis is to raise taxes on the wealthy just because he ran on that promise. and won the election. (laughter) it's like he's totally disregarding my dismissive finger quotes. what part of this don't you understand president "o" bama. (laughter) here's what's really scaring me, folks. republicans might let him do it, even though every remember in congress has signed the new taxes pledge created by the president of americans for tax reform, grover norquist. (thunder clashes) the two most terrifying words a republican can hear other than "buenos dias." (laughter and applause) but now some republicans are abandoning the anti-tax pledge as fast as they abandoned -- oh, what's his name? (laughter) i got it, don't help me, don't help me. rip flambe. (laughter) no, no, that's my personal train trainer. (laughter) no, the point is conservatives are jum
it's like congress put a gun to the economy's head and swore it will pull the triger if congress doesn't put its own gun down. (laughter) it's kind of like a mexican standoff without any mexicans. (laughter) of course, obama's answer to this budget crisis is to raise taxes on the wealthy just because he ran on that promise. and won the election. (laughter) it's like he's totally disregarding my dismissive finger quotes. what part of this don't you understand president "o" bama....